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You are an auditor on the Monastiraki Limited (Monastiraki) engagement for the financial year ending 30 June 2017. Monastiraki is an Australian multinational manufacturer and
You are an auditor on the Monastiraki Limited (Monastiraki) engagement for the financial year ending 30 June 2017. Monastiraki is an Australian multinational manufacturer and retailer of pharmaceutical products. It is nearing the end of June and you are in the process of updating the Monastiraki audit plan for the upcoming year-end audit. The following is an extract you have obtained from Monastiraki's latest trial balance:
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